Correlation does not imply causation

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    responsibility is to work with the managers to clearly articulate the management problem whose symptoms have been observed and then to define precisely the research problem (50% of the job) Three key questions to answer: Why is the information being sought? Does the information already exist? Can the Question really be answered? Use explanatory research – usually small-scale research undertaken to define the exact nature of the problem and to gain a better understanding of the environment…

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    At the beginning of the period, the price of Computers, Inc. divided by the industry index was 0.39; by the end of the period, the ratio had increased to 0.50. As the ratio increased over the period, it appears that Computers, Inc. outperformed other firms in its industry. The overall trend, therefore, indicates relative strength, although some fluctuation existed during the period, with the ratio falling to a low point of 0.33 on day 19. 18. Five day moving averages: Days 1 – 5: (19.63 + 20 +…

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